Today: September 28, 2024
Today: September 28, 2024

Latest From Reuters

Economy|Europe

Instant View: ECB leaves rates unchanged; Lagarde says September is 'wide open'

The European Central Bank kept interest rates unchanged on Thursday, and gave no hints as to what investors might expect at its next meeting, saying September was "wide open" and

Instant View: ECB leaves rates unchanged; Lagarde says September is 'wide open'
Economy|Environment|Europe

How Germany aims to get to net zero without breaking the bank

Germany faces a tough time finding ways to pay for its efforts to become climate-neutral by 2045 given the country's current tight budget constraints.

How Germany aims to get to net zero without breaking the bank
Economy|Europe

ECB won't debate inflation target, dot plot in upcoming review

The European Central Bank's next strategy assessment will not involve some key issues, including a discussion on the bank's numerical inflation target or the publication of

ECB won't debate inflation target, dot plot in upcoming review
Americas|Business|Economy|Finance

LATAM Airlines readies NYSE listing at $8.5 billion potential valuation

LATAM Airlines is preparing to list its shares on the New York Stock Exchange in a move that could fetch it a valuation of $8.5 billion, the company said on Thursday.

LATAM Airlines readies NYSE listing at $8.5 billion potential valuation
Economy

Euro holds firm after ECB leaves options open for Sept cut

The euro held steady on Thursday, as did euro zone government bond yields after the European Central Bank left interest rates unchanged, and did not signal a cut in September was

Euro holds firm after ECB leaves options open for Sept cut
Economy

ECB keeps rates on hold, leaves options open for Sept

The European Central Bank kept borrowing costs on hold on Thursday, repeating that it needed to see more evidence that inflation was heading back to its goal before lowering

ECB keeps rates on hold, leaves options open for Sept
Business|Economy

KeyCorp forecasts bigger drop in annual average loans on tepid demand

KeyCorp forecast a bigger drop in average loans in 2024 than previously anticipated on Thursday, and posted a 5% fall in second-quarter profit as costlier deposits eroded the regional

KeyCorp forecasts bigger drop in annual average loans on tepid demand
Business|Economy

US watchdog says paycheck advances subject to lending law

Increasingly popular "earned wage" advances on worker paychecks are consumer loans subject to existing federal laws, the U.S.

US watchdog says paycheck advances subject to lending law
Business|Economy

D.R. Horton's home sales forecast, $4 billion buyback send shares to record high

D.R.

D.R. Horton's home sales forecast, $4 billion buyback send shares to record high
Business|Economy

Cognac executives, EU officials attend Beijing hearing on brandy dumping

Executives from French cognac companies and European Union officials on Thursday attended a hearing in Beijing related to China's anti-dumping investigation into EU brandy, the

Cognac executives, EU officials attend Beijing hearing on brandy dumping
Business|Economy

European shares end marginally lower as tech sell-off stymies advances

European shares ended lower on Thursday as a continued selloff of chip stocks kept a lid on gains brought on by some positive

European shares end marginally lower as tech sell-off stymies advances
Business|Economy

FTSE indexes supported by positive corporate update

British stocks rose on Thursday after a slew of positive corporate updates, while data showed UK wage growth slowed but not enough to seal expectations

FTSE indexes supported by positive corporate update
Business|Economy

BOJ wants to maintain accommodative monetary environment, Jiji reports

A senior Bank of Japan official said the central bank wants to maintain an accommodative monetary environment as much as possible, Jiji news agency reported on Thursday.

BOJ wants to maintain accommodative monetary environment, Jiji reports
Business|Economy

Renault first-half sales rise on strong demand for hybrids in Europe

French automaker Renault said on Thursday its first-half sales volume rose 1.9% from the year-ago period on strong performance for its hybrids in Europe, its key

Renault first-half sales rise on strong demand for hybrids in Europe
Economy

South Korea vows all-out effort to stabilise rising house prices

South Korea's finance minister on Thursday vowed to take policy steps to stabilise the real estate market, as house prices are rising in the area of the capital Seoul.

South Korea vows all-out effort to stabilise rising house prices
Economy

What are Japan's tactics based on latest suspected intervention?

Japan is suspected to have intervened in the foreign exchange market to prop up the yen on several occasions this month, underscoring its discomfort over the pain the currency's fall

What are Japan's tactics based on latest suspected intervention?
Business|Economy

Volvo Cars blames EU tariffs as it cuts 2024 sales forecast

Volvo Cars cut its full-year retail sales forecast on Thursday, blaming European tariffs on EVs made in China that will hit one of the Swedish

Volvo Cars blames EU tariffs as it cuts 2024 sales forecast
Business|Economy

Standard Chartered boosts private bank team with 14 new hires

Standard Chartered has hired more than a dozen new bankers to its private banking teams in Singapore, Hong Kong and the United Arab Emirates in a bid to grow the affluent

Standard Chartered boosts private bank team with 14 new hires
Economy

Australia June jobs jump beyond forecasts, unemployment still up

Australian employment jumped well beyond expectations in June, yet the jobless rate still ticked higher as more people went looking for work, a mixed report that leaves open the

Australia June jobs jump beyond forecasts, unemployment still up
Business|Economy

Insurance broker TWFG prices US IPO above range to raise about $187 million

Insurance broker TWFG, backed by U.S. reinsurer RenaissanceRe, said on Wednesday it priced its initial public offering (IPO) above its indicated range, seeking to raise up to $187 million.

Insurance broker TWFG prices US IPO above range to raise about $187 million
Business|Economy

Equifax sees Q3 revenue below estimates amid mortgage market slowdown

Consumer credit ratings firm Equifax forecast third-quarter revenue below Wall Street estimates on Wednesday as higher-for-longer interest rates continue to derail recovery in mortgage

Equifax sees Q3 revenue below estimates amid mortgage market slowdown
Business|Economy

Discover Financial quarterly profit jumps on higher interest income

Discover Financial Services on Wednesday reported a 70% rise in second-quarter profit, as a high-rate environment helped the U.S. credit issuer earn more in interest income.

Discover Financial quarterly profit jumps on higher interest income
Business|Economy

US SEC sues Digital World's former CEO alleging securities fraud

The U.S. Securities and Exchange Commission on Wednesday sued Patrick Orlando, ex-chief of Digital World Acquisition Corp that helped former U.S.

US SEC sues Digital World's former CEO alleging securities fraud
Business|Economy

US firms point to slowing activity and softer labor market, Fed survey shows

U.S. economic activity expanded at a slight to modest pace from late May through early July with firms expecting slower growth ahead as they also reported

US firms point to slowing activity and softer labor market, Fed survey shows
Business|Economy|Environment

Kinder Morgan reports Q2 miss, remains optimistic on natgas demand

U.S. pipeline and terminal operator Kinder Morgan said on Wednesday it expects data center driven electricity need to be a significant driver of natural gas demand,

Kinder Morgan reports Q2 miss, remains optimistic on natgas demand

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